Estimation of Preference Heterogeneity in Markets with Costly Search
研究发现，若不考虑搜索摩擦，偏好异质性会被高估，并探讨了搜索摩擦对最优定价的影响。
The paper shows preference heterogeneity is overestimated when not accounting for search frictions and studies the impact of search frictions on optimal price setting.